Wheels Up Highlights Charter Growth, Tackles Losses | Aviation International News

Wheels Up Highlights Charter Growth, Tackles Losses

Reporting strong growth, Wheels Up looks to continue expansion while consolidating recent acquisitions in the charter market.

A Wheels Up Citation XL, one of the workhorse aircraft helping propel the company’s growth to become the U.S. company flying the most charter hours in the first half of this year. Photo: David McIntosh

By James Wynbrandt • Contributor - Business Aviation

October 13, 2022

Private aviation membership and on-demand charter operator Wheels Up (Booth 2061) arrives at NBAA-BACE as the top U.S. charter company by flight hours, having logged 82,478 hours in the first half of the year, according to Argus. The New York-based access provider also this year bought Arizona-based Part 135 operator Alante Air Charter; completed its acquisition of UK charter broker Air Partner; and reported record revenue in the second quarter. This growth follows 2021 which included the company’s July debut as a publicly traded company on the New York Stock Exchange.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

Wheels Up

Air Museum To Allow Tours Inside Restored Disney Plane

Museum is offering limited evening tours of The Mouse

Walt Disney's restored G-1

AircraftPost: Bizjet Market Tightens with Fewer Sales

Results vary by aircraft model and category

Bombardier Global 7500

AAM Innovators Converge on Ohio for Industry Forum

The National Advanced Air Mobility Center of Excellence will host the fifth annual event

National Advanced Air Mobility Center of Excellence

PPG Aero Investing $70 Million in Huntsville Expansion

New 112,000-sq-ft building will house production support functions

Folding Wingtips Present Challenge for Next Narrowbodies

‘Wing of Tomorrow’ saves fuel but won’t fit at today’s narrowbody gates

777X

Dassault Confirms Two Falcon 10X Prototypes Now Flying

Aircraft serial number two made its first takeoff from Mérignac in France on September 24

Dassault Aviation Falcon 10X prototype

Inside Heart’s Hybrid-electric Airliner Redesign

CEO Anders Forslund explains why Heart returned to a series-hybrid design

ES-36 render

IADA: Strong Demand in Tight Preowned Bizjet Market

Long OEM backlogs are one of the factors spurring the crunch

Embraer Praetor 600